Support Level: RM0.800, RM0.840

Resistance Level: RM0.880

Synergy House Berhad (KLSE: SYNERGY, 0279) is showing a strong uptrend trajectory as shown with EMA20/50/100 all showing an uptrend signal. Based on observation, the selling pressure on each Higher High (HH) is relatively low, as demonstrated by the red bars in the chart above. The immediate resistance level of SYNERGY is standing RM0.880 currently, before breaking higher to challenge the key psychological resistance level of RM1.000.

To conclude, we are fairly positive that SYNERGY will continue the uptrend trajectory, unless otherwise S2 (RM0.800) was broken.